Are We Automating Bias?
Automating tasks has been an industry goal for years, whether driven by necessity (to remain competitive and save human resources), or to achieve higher goals.
September 15, 2023
Technology
Artificial Intelligence -- There’s Nothing Fake About It
Artificial Intelligence (AI) has become ubiquitous in today’s corporate lexicon. And while much has been said, and written, about AI, the question still remains: what, exactly, is AI?
September 14, 2023
Insurance Industry
Legislation & Regulation
Technology
Governance Challenges to GenAI’s Prolific Adoption in Insurance
Few, if any, technologies have achieved mass adoption in a shorter period of time than ChatGPT, thanks to its massive accessibility and highly intuitive interface. Not only has ChatGPT harnessed the extraordinary power of generative AI (GenAI), but it’s also incredibly easy to use.
September 12, 2023
Insurance Industry
Technology
Modern Cars Are Privacy Nightmare
Forget snooping smartphones and spying smartwatches. Modern, connected cars are ‘the official worst category of products for privacy that we have ever reviewed,’ Mozilla concluded after studying two dozen brands.
September 8, 2023
Auto
Technology
Insurance Data Validates Waymo’s Autonomous Car Safety Claims
Waymo is using insurance data to make the case that its self-driving cars are safer than human drivers. The report, a result of the collaboration first announced last year between the Alphabet-owned company and the insurer Swiss Re, is intended to show how driverless vehicles crash less often and damage less property than human-driven vehicles.
September 8, 2023
Auto
Technology
How Smart Homes Are Changing Insurance
Smart homes offer a vast array of benefits in: risk mitigation and prevention, data collection and analysis, personalized premiums, faster claims processing, home monitoring services, liability coverage, premium discounts, the environment and health and wellness.
September 6, 2023
Insurance Industry
Technology
The Future of Insurance According to Prominent Industry Leaders
In a study involving hundreds of prominent insurance leaders, Waterstreet has revealed a compelling vision of the future of insurance, shedding light on the transformative impact of insurtech innovations, artificial intelligence (AI), machine learning, and blockchain on the industry landscape.
August 30, 2023
Insurance Industry
Technology
Electric Vehicle Owners Face More Problems with Advanced Tech Features
Owners of battery-electric vehicles (BEVs) are more likely to experience problems with advanced technology than drivers of internal combustion engine (ICE) vehicles, a new study shows.
August 28, 2023
Auto
Technology
What to Expect in Industry 4.0
We love to think about disruption as simply a modern-day term. Yet four historic industrial revolutions offer ample evidence that disruption occurs far more frequently than we might ever imagine.
August 28, 2023
Insurance Industry
Technology
Six Words To Focus Your AI Innovation Strategy: Think Big, Start Small, Learn Fast
AI is having quite a moment. One high profile AI app, ChatGPT, has become the fastest growing consumer app in history. It garnered over a million users in its first five days and hit one 100 million active users in just two months.
August 21, 2023
Technology
Advanced Driver Assistance Systems Poised to Prevent Millions of Crashes and Save Lives
Advanced driver assistance systems (ADAS) have the potential to avert a staggering number of crashes, injuries, and fatalities over the next three decades.
August 18, 2023
Auto
Technology
The High-Tech Evolution of Car Theft
These days, cars are computer centers on wheels. Today’s vehicles can contain over 100 computers and millions of lines of software code. These computers are all networked together and can operate all aspects of your vehicle. It’s not surprising, then, that car theft has also become high-tech.
August 18, 2023
Auto
Technology
The Opportunities in Smart Cities
Smart cities and insurance are intertwined in various ways. As urban areas around the world continue to embrace smart city technologies to improve efficiency, sustainability and quality of life, insurance plays a crucial role in mitigating risks and supporting the development and sustainability of these cities.
August 15, 2023
Technology
Cyber Threat Landscape: Insights from 23.5 Billion Attacks
Technology is accelerating faster than it ever has before, giving IT and security teams more tools to fend off cybersecurity attacks from an increasingly diverse slate of bad actors, according to Comcast Business.
August 3, 2023
Fraud
Technology
California Regulator Scrutinizes Connected Car Data Usage
California’s privacy regulator said Monday it will be reviewing the data privacy practices of connected car manufacturers.
August 1, 2023
Legislation & Regulation
Technology
California
